The United States is producing more oil than any country in history | CNN Business
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As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil industry, and Republicans argue he’s already doing that. Meanwhile, the surprising reality is the United States is pumping oil at a blistering pace and is on track to produce more oil than any country has in history.

As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil industry, and Republicans argue he’s already doing that. Meanwhile, the surprising reality is the United States is pumping oil at a blistering pace and is on track to produce more oil than any country has in history.

The United States is set to produce a global record of 13.3 million barrels per day of crude and condensate during the fourth quarter of this year, according to a report published Tuesday by S&P Global Commodity Insights.

Last month, weekly US oil production hit 13.2 million barrels per day, according to the US Energy Information Administration. That’s just above the Donald Trump-era record of 13.1 million set in early 2020 just before the Covid-19 crisis sent output and prices crashing.

That’s been helping to keep a lid on crude and gasoline prices.

  • AlexWIWAEnglish
    11·
    11 months ago

    The air in my area was so clean during that first month of covid. Traffic would also be a lot better for blue collar people if all the office workers weren’t fighting them for road space.

    • gregorum@lemm.eeEnglish
      4·
      11 months ago

      in NYC, New York Harbor and the East and Hudson Rivers got so clean that Humpback whales and dolphins came swimming up the rivers again for the first time in almost a century. it was awesome!

      unfortunately, so did the sharks around Coney Island and Rockaway Beach, lmao